Nestlé Sells Its (Our) Water

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Nestlé is inviting bids for its €5 billion water division.

The company plans to sell part of its water business. Interested parties are asked to submit their bids by the end of January. 

According to informed sources, Nestlé is pushing ahead with the sale of a stake in its five billion euro water business. This division includes the well-known mineral water brands Perrier and S.Pellegrino.  

The Swiss food giant is urging interested parties to submit initial bids for its stake this month, according to sources who wished to remain anonymous due to the confidential nature of the information. Nestlé  is working with Rothschild Bank on the sale.

Read in the Swiss paper Cash (German) or in Google English

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